Markets started the week in “what now?” mode, as traders nervously eyed bond yields for
Month: February 2021
Don’t Be A Hero Without The Fed
Some were “undaunted” by the second week of losses for US equities, which finally seemed
Vigilante Attack And The Lost Labor Market
Traders will stare down a deluge of data and a bevy of Fed speakers in
Yields ‘Emphatically Not’ High Enough To Threaten Stock Valuations: Goldman
For as long as I can remember (which, admittedly, isn’t usually very long given that
Free Money And What To Do With It
$1,400 stimulus checks are coming. That’s good news for the 10 million Americans who had
Stimulus And The Tyranny Of ‘Practicality’
The House passed Joe Biden’s $1.9 trillion virus relief bill early Saturday. It was not
Bon(d)fire And The Great Wage Debate
US markets calmed down a bit Friday as gloved traders and investors sifted through the
Let’s Tell A Risk Parity Ghost Story
The equity rally is the greatest-of-all-time, the V-shaped macro recovery is the greatest-of-all-time, [and] the
The Bond Tantrum Canaries
A while back — and I endeavored to find the relevant articles Friday morning, but
US Blames Bin Salman For Khashoggi. Will Punish Some Other People
More than two years after dissident journalist and Washington Post columnist Jamal Khashoggi was murdered
Here’s What Stimulus Did For Incomes In January
Given the backdrop, it was doubtful that market participants were inclined to read too much
In Bond Tantrum, Markets Argue For Their Own Extinction
“So much of the rally in equities was built on easy money,” Bloomberg’s Eddie van
Harley Bassman Presents: ‘Seeking Treasure with Convexity’
And while I am being honest, let me further reveal that my membership in the
Idiocy And The Art Of Getting Lost
This brings us closer to answering the nagging question that just won’t go away: Why
